The Global Crisis and Reflections at Turkish Banking Sector


AFŞAR M.

ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES, cilt.6, sa.2, ss.143-171, 2011 (ESCI) identifier

Özet

The financial crisis that began in August 2007 and intensified in the fall of 2008 pushed the global economy into a severe downturn that some have called the Great Recession. The purpose of this study is to analyze the effects of global crisis on the Turkish banking sector. In summary, this study shows that even though many developed country banks bankrupted from the adverse affects of global financial crisis, the Turkish banking sector was not affected from the latest global crisis.